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Nov 15, 2019

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My Economy

Farming during a trade war

by Daisy Palacios Oct 21, 2019
The loss of soybean sales to China have created a lot of stress, says farmer Blake Hurst.
Blake Hurst on his farm in Atchinson County, MO.
Courtesy of Blake Hurst

Canadian farmers caught in the middle of U.S.-China disputes

by Emma Jacobs Sep 30, 2019
Since Canada detained Huawei executive Meng Wanzhou late last year, Chinese imports of several agricultural crops have slowed or stopped altogether.
Soybeans growing on a farm in Canada.
Emma Jacobs/Marketplace

After the flood comes the enormous pile of burning soybeans

by Peggy Lowe Aug 22, 2019
Following severe flodding in the Midwest, a pile of 650,000 bushels of soybeans in rural Missouri spontaneously combusted and have been burning for a month.
This pile of soybeans, once 650,000 bushels, has been burning since mid-July.
(Peggy Lowe for Marketplace

Soybean commodity traders are skeptical of renewed U.S.-China trade negotiations

by Daniel Shin Jul 1, 2019
Al Kluis, managing director of Kluis Commodity Advisors, thinks traders won't see the soybean market turn until there are real orders and action taken.
Soybeans are loaded onto a truck to be taken to a grain elevator in Dwight, Illinois.
Scott Olson/Getty Images

Trade deficit widens in March

by Kimberly Adams May 9, 2019
The overall deficit getting bigger isn't necessarily a bad thing, said Dan Ikenson, director of the Herbert A. Stiefel Center for Trade Policy Studies at the Cato Institute.
Container ships are docked at the Port of Oakland on March 06, 2019 in California.
Justin Sullivan/Getty Images

Bad weather and trade complicate planting for Midwest farmers

by Peggy Lowe Apr 22, 2019
Flood damage has made things extremely difficult.
Farmer Richard Oswald, standing on U.S. 136 near Rock Port, Missouri. In the background is a flooded grain elevator, where millions of bushels of corn and soybeans are rotting in the water.
Peggy Lowe/KCUR

Lots of soybeans with no place to go

by Andy Uhler Nov 6, 2018
A Chinese tariff on the U.S. crop has shut down a critical market.
Soybeans are loaded onto a truck before delivery to a grain elevator in June in Dwight, Illinois. 
Photo by Scott Olson/Getty Images

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Here’s how deficit-inducing tax cuts lead to trade deficits

by , and Sep 5, 2018
The U.S. trade deficit in July surged to a five-month high, $50.1 billion, as exports of products like soybeans and civilian aircraft fell, while imports reached record levels. President Donald Trump regularly complains about trade deficits, but his own spending…

Government aid is coming to U.S. farmers hit by tariff losses, but it probably won’t be enough

by Reema Khrais Aug 27, 2018
U.S. farmers who are caught up in the wider U.S., China and Mexico trade disputes are expected to get details today on a $12 billion aid package to help offset the effects of retaliatory tariffs. Farmers have been watching prices…
A farmer collects stray ears of corn while harvesting the crop in 2014 in Polk, Nebraska.
Andrew Burton/Getty Images

Can the government offset the costs of its trade fight?

by Andy Uhler Jul 25, 2018
The Department of Agriculture announced a $12 billion aid package on Tuesday for farmers impacted by U.S. trade disputes. The money would go to pork, soybean and dairy farmers among others who have been slapped with retaliatory tariffs in response…
Hank Keizer selects cattle to bring into the milk barn on his farm June 29, 2005 near Delavan, Wisconsin. The $12 billion aid package would go to dairy, soybean and pork farmers.
Scott Olson/Getty Images